https://www.taxtmi.com/caselaws?id=12733 The court held that the collections by the club as licence fees, fines, and penalties constituted part of its income and were not diverted by overriding title to the benevolent fund. The amounts were considered income of the assessee and were applied for benevolent purposes only after reaching the club. The court ruled in favor of the Revenue, concluding that the amounts collected were not excluded from the computation of total income. en-us Thu, 15 Nov 2001 00:00:00 +0530 Thu, 21 May 2009 16:35:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12733 The court held that the collections by the club as licence fees, fines, and penalties constituted part of its income and were not diverted by overriding title to the benevolent fund. The amounts were considered income of the assessee and were applied for benevolent purposes only after reaching the club. The court ruled in favor of the Revenue, concluding that the amounts collected were not excluded from the computation of total income. Case-Laws Income Tax Thu, 15 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12733